NEW MAURITIUS (Mauritius) Market Value
| NMHL-O Stock | 13.00 0.10 0.76% |
| Symbol | NEW |
NEW MAURITIUS 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to NEW MAURITIUS's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of NEW MAURITIUS.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in NEW MAURITIUS on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding NEW MAURITIUS HOTELS or generate 0.0% return on investment in NEW MAURITIUS over 90 days.
NEW MAURITIUS Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure NEW MAURITIUS's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess NEW MAURITIUS HOTELS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 13.39 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.57 |
NEW MAURITIUS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEW MAURITIUS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NEW MAURITIUS's standard deviation. In reality, there are many statistical measures that can use NEW MAURITIUS historical prices to predict the future NEW MAURITIUS's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.05) |
NEW MAURITIUS HOTELS Backtested Returns
NEW MAURITIUS HOTELS has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of standard deviation over the last 3 months. NEW MAURITIUS exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NEW MAURITIUS's Market Risk Adjusted Performance of (0.04), mean deviation of 0.7247, and insignificant Risk Adjusted Performance to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.42, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NEW MAURITIUS's returns are expected to increase less than the market. However, during the bear market, the loss of holding NEW MAURITIUS is expected to be smaller as well. At this point, NEW MAURITIUS HOTELS has a negative expected return of -0.0114%. Please make sure to verify NEW MAURITIUS's kurtosis, rate of daily change, and the relationship between the skewness and daily balance of power , to decide if NEW MAURITIUS HOTELS performance from the past will be repeated at future time.
Auto-correlation | -0.31 |
Poor reverse predictability
NEW MAURITIUS HOTELS has poor reverse predictability. Overlapping area represents the amount of predictability between NEW MAURITIUS time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NEW MAURITIUS HOTELS price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current NEW MAURITIUS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
NEW MAURITIUS HOTELS lagged returns against current returns
Autocorrelation, which is NEW MAURITIUS stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting NEW MAURITIUS's stock expected returns. We can calculate the autocorrelation of NEW MAURITIUS returns to help us make a trade decision. For example, suppose you find that NEW MAURITIUS has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
NEW MAURITIUS regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If NEW MAURITIUS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NEW MAURITIUS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NEW MAURITIUS stock over time.
Current vs Lagged Prices |
| Timeline |
NEW MAURITIUS Lagged Returns
When evaluating NEW MAURITIUS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NEW MAURITIUS stock have on its future price. NEW MAURITIUS autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, NEW MAURITIUS autocorrelation shows the relationship between NEW MAURITIUS stock current value and its past values and can show if there is a momentum factor associated with investing in NEW MAURITIUS HOTELS.
Regressed Prices |
| Timeline |
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